The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today increased the company’s regular quarterly dividend by 20.3%, to an annualized rate of $3.08 per common share.
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The new quarterly dividend of $0.77 per common share, up from $0.64 per common share, is payable on October 11, 2011, to stockholders of record as of September 27, 2011. The ex-dividend date is September 23, 2011.
Philip Morris International Inc.
Philip Morris International Inc. (PMI) is the leading international tobacco company, with seven of the world’s top 15 international brands, including Marlboro, the number one cigarette brand worldwide. PMI’s products are sold in approximately 180 countries. In 2010, the company held an estimated 16.0% share of the total international cigarette market outside of the U.S., or 27.6% excluding the People’s Republic of China and the U.S.
